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are meeting with the white house chief staff. john boehner is having some meetings with business leaders. meanwhile, the staff of the senate and the house and the white house are all meeting -- this purpose of avoiding the fiscal cliff which is now 35 days off or something. so first of all, two questions. how serious is it and what do you think is going to happen? >> it is potentially very serious that is if we hit the fiscal cliff and go over it and it stays in place. the deficit falls by $600 billion, the largest one-year reduction in history but will throw the economy back into a recession. unemployment will go from 7.9% currently to over 9%. i don't think that's going to happen. i do think we'll go over the cliff, not have a deal before it happens. i think it will be fixed shortly after this -- after they storm the castle with pitch forks and torches but this is potentially the worst fiscal policy since the end of the great depression when we went into an austerity program too early and threw the economy back i
. >> i didn't think this was a mandate. i agree your man won. but jim, the basic deal was, okay, john boehner acknowledging what this was. putting this on the table and he said this a million times in return for some. modest reform. while the biggest stuff waits for next year. if the democrats say it is off the table and if harry reid is trading bars with mitch mcconnel, what is up here. senator durban said, it shouldn't be ps deal. i don't think there is a bar gain to be had. it is a win win for alabama. he is going to get the tax hikes or the rb ares will say no deal and he gets the tax hikes which is what he will prefer anyway. that is a big pot of money he can use for whatever he wants. they are still not going to be a deal. baker, democrats saying there is no problem with social security, even though the piece in the "wall street journal" today said they are $20 trillion in the hole. they said they are $40 trillion in the hole. how can democrats argue that with a straight face. i know that stuff inside and out. most of those shortfalls are in the 22nd century. we don't have a big
relief with just two pills. >>> 12 minutes past the hour. house speaker john boehner says nothing is off the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his l
they are republicans. then theyou have republicans. i don't see how we can survive this fiscal cliff if john boehner does not follow the lead of the president. he said a couple days ago we have to put obamacare in a position to and take some cuts from it. that's crazy. john boehner and mitch mcconnell and all of them have given the president a hard time. that's why we voted for these people and they are supposed to do our bidding, because people are hurting. host: let's take it to the state level in a carolina, state legislature, republican governor, republican. what are the big ticket items they will start working on? caller: i don't think the governor knows himself. he claimed that he will bring relief to the state. i don't see how he's going to do it. they are going to cut a lot of social programs that they call wasteful spending. people are going to really see what he's made of. what is your name again? host: what is that? caller: pope was the one along with the koch brothers that got it mccory into office. they are bought and paid for. they don't do the people -- everybody needs to be represent
john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our economy hostage. and the great thing that we have seen in the last few days is that some republicans are finally saying, guess what? i'm actually going to put the country first instead of some pledge i took 20 years ago, for example,
. that is just moments ago. we'll play for you what john boehner had to say about that. we'll talk to a key democrat about why the party doesn't want to deal on that front, all that. bill: you've got to wonder if it's not a part of the deal how does it pass the house. also republicans now countering the controversial d.r.e.a.m. act for young illegal immigrants. they have a plan of their own and one of the bill's cosponsors is live here to explain that moments away. martha: yes, she is. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. bill: breaking news from the hill moments ago. republican leaders on the house putting their cards on the table when it com
obama and john boehner. here's how we finished the day on wall street, near the highs. up 105 points. 12,983. we'll have technicians looking at this day, seeing if it's a key reversal. the s&p also in positive territory. market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress asset management, is congress going to come through for your assets? >> well, i wish i had an inside scoop on that, but unfortunately, we're also left to speculate at this point. but i will say this. what's incredible about this market is the way the market moved up today, it's an instant polling network that the government can use, actually, to kind of float trial balloons to us and get a
deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more th
-- but hurry, the offer ends on. stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other people's money. we can support the maxes with the tax rate here and obamacare on top of that. we are in a death spiral and more people will be leaving the state. stuart: i think you are a lifelong illinois guy and you are saying you would never again buy house in this state? really? >> do you know what the real-estate taxes are here? astronomical land set to go higher so we are going to be taxing those who bought houses already. people are not going to buy any more but they can't rent either because no
speaker john boehner. he wrote, "over the past several months as my health has deteriorated, my ability to serve the constituents of my district has continued to diminish." the drama around jackson began this summer when the congressman disappeared for weeks. the public, even members of his staff, didn't know where he was. finally, in late july, the mayo clinic revealed jackson was being treated there for what was later diagnosed as bipolar disorder and depression. his famous father uncharacteristically quiet about the matter. >> the fact is, the congressman is under medical supervision and is right now regaining strength. >> reporter: jackson was released in september, then readmitted last month. his return to the clinic came amid reports that the congressman faced a federal investigation into the potential misuse of campaign funds, including allegations that jackson used thousands of dollars to redecorate his washington, d.c. townhome and that he used $40,000 to buy a rolex watch for a female friend. even so, jackson was easily re-elected to the house just a few weeks ago. even though
. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a
's representative in the negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already done more than a billion dollars worth of cuts. we've already done that. we need to get some credit for that and the negotiations that take place. lou: meanwhile, according to the white house, everything is not on the table, the table that a president is not scheduled to be seated at. carney confirmed that president obama will not find any extension of the bush tax cuts for the top 2% of the earners in the nation, and a look at the president's schedule for the remainder of this week shows nothing in the way of negotiations on it. the president reverting back to campaign mode as the white house decided to lobby for public support of his fiscal cliff policy positions rather than negotiate a compromise. president obama beli
for boost®. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out what was in it, what was
said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a former rnc spokesperson and dnc spokesman. great to see you both. there is a lot of finger-pointing and blame. but the fact is, enough people voted on what has gotten us to this point. who steps up at this point? and has a chance to show leadership and get something done? >> i think the president is in the right position to do that. i am a little bit worried about speaker boehner's position, that's what the op-ed, saying obamacare should be on the table. one, the congressional budget office took a look, if you repealed obamacare entirely, it would cost $109 billion. so i don't think the speaker's put it on the table because it helps, i think he put it on there for positioning. but there is a problem there. the american people have had this debate. mitt romney maid the case that obamacare should be repealed and said it would be the first act. he made that case forcefully, in debates, ads, throughout the campaign. 40% of america greed
submitted today to house speaker john boehner's office. but he also wrote, quoting here: i am aware of the ongoing federal investigation into my activities and i am doing my best to address the situation sonsably, cooperate with the investigators and accept responsibility for my mistakes for they are my mistakes and mine alone. mike tobin is live for us in chicago with more. mike, did this come as a shock to anyone? >> no. for the reasons you just mentioned, no one was surprised that the congressman stepped down. in fact it was a question of when it would happen. however, fellow politicians and friends here in chicago were quick to jump to the congressman's defense and say his resignation is not an admission of guilt. >> he hasn't been indicted. he hasn't been charged. he hasn't been convicted of any law -- breach of the law, none at all. all right. some would argue that if he really wanted to cut a deal, you stay in congress and negotiate from a position of power. some would argue that. >> the most prominent allegations reported against jackson are that he skimmed campaign cash to
speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly surprised to see it, a deal em
increases. john boehner will likely make the final decisions on what the team decides in terms of the deal. >> thank you so much. >> it is time now to take a look at who is talking and thousands taking the streets in cairo after mohammed morsi taking total control of the country and won't answer to the branch of government. they are afraid the latest power grab will lead egypt away from democracy and back into a dictatorship and possibly all of the way to shirea law. >> nonislamist egyptian activist mohammed el baradei is calling on the united states to condemn morsi. i am hoping to see a strong statement of condemnation by the u.s., by europe and everybody who really cares about human dignity. democrat and chairman of the senate committee of armed services carl levin says america needs to play the middle. >> i think we have to be cautious. we doesn't want to see a democratically elected auto krat take the place of an unelected dictator which is the case before that. on the other hand there are real pluses here. >> they will push the white house to take a side. they need to condemn morsi a
with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the good news is the people that gave a commitment to the american voters. for four years president obama has not reined in spending. all he did is demand $1.6 trillion of tax increase so he can spend more money, not
had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these lawmakers will get together and reach a deal. those worries overshadowed a couple of positive developments. gerri willis is here. we got a report showing that americans are, i don't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers
] >> what about speaker john boehner's concept of a bridge deal, which could be a revenue package and tax reform and the new year that does bring in new revenue? >> i think it is a wonderful idea to have tax reform in the new year. i think john boehner keeps trying to soft and what the american people said on november 6. that is why i am so adamant against rejecting it. we need to use this moment to answer the call of the american people, which they said loud and clear on november 6. >> what do they plan to do to help the president? how much money do you plan to spend? >> we have joined with other organizations, labor and community, which started on november 8 with 44 actions a run the country. we were doing visits on the hill together. we just went up on the air with paid media to do education a run the the id -- with key states and we are bringing local leaders together to lobby congress the week after thanksgiving. then we will do another day of action on december 10. we have additional actions planned in the week of the 10th and the 17th. we will make a decision about what to do and w
package. we should not take ironclad positions. i would say john boehner has put together pretty good package and has been conciliatory in his language. host: that was yesterday. we are asking republicans what you think about indications from some republicans that they are willing to break their anti-tax pledge. here's the washington post story -- we will go to the phones to hear from kiev and, joining us from stafford, virginia. good morning. caller: good morning. if you listen very carefully, peter keane and even saxon chambliss and lindsey graham all said the same thing. we want revenue and are willing to generate revenue, but not by raising taxes. it is very simple. the president does not want to -- the president only wants to tax the rich because he said it during the campaign about 1 million times. millionaires and billionaires. a family of two that makes $250,000 a year are not millionaires. the problem is we are not opposed to revenue. we are opposed to a tax increases. lindsey graham said exactly that and peter king did too. it is against raising taxes. there are other ways t
moore, editorial board, good morning to you, steven. >> hi, good morning. >> john boehner is clear, he does not want to raise rates, he wants to give in if at all on deductions and write-offs saying they can essentially write off the same amount for the treasury, what should republicans do here? >> it's an interesting dilemma the republicans find themselves in, dave. most of them, as you know, have taken this no tax pledge, which is the pledge to voters that they won't raise taxes on anybody, and so, now president obama is saying we're going to raise the taxes on the rich and he won't sign any bill that doesn't have a tax increase on the rich, so, the two parties are still at logger heads. i personally think given the still fragility of this economic recovery, the economy still isn't sputtering on one cylinder now, and high unemployment. it doesn't make sense to me to raise taxes on businesses or investors. that's where we stand right now. i don't see an agreement anytime really soon because the two sides are still so far apart. >> i'm a betting man, steven, would you imagine that the
on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with small business owners, business leaders and middle class americans, not to mention a trip scheduled for friday to pennsylvania. a state he won by five points in the election, to sell american voters on a tax plan he has very loudly and clearly said he's already sold them on. mark warner is a member of the senate's bipartisan gang of eight. they've been working to develop a deficit r
: that is your congressman? caller: yes. john boehner and nancy pelosi need to get together, organized all the votes they need to pass the bill that is already passed through the senate, which is the 250,000 and below, maintain the bush tax cuts. if they did that and went ahead and passed that bill, that would put the issue of the other foot -- the shoe on the other foot in regard to congress would show good faith in the effort to avoid the fiscal cliff. that would force the democrats to seriously look at fiscal reduction. it would demonstrate the fairness aspect of the rich paying a little more. but it would force the democrats to seriously look at entitlements. this could really be a big step in avoiding the fiscal cliff and would give confidence, makes for a good holiday season. it is the thing to do. john boehner and nancy pelosi need to get together, get the votes, and pass the senate bill. host: i want to take you to the republican line. pat in richmond hill, georgia. caller: good morning. yes, overall, in the long term, i have a lot of confidence in the u.s. economy. short-term, as
not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. >>> a lot of people in texas say they are lucky to be alive today. that's after this massive
't they have to be reformed or modified? >> i think the john boehner and mitch mcconnell are going to have a tough sell in front of the american people and a reason why paul ryan was a pretty unpopular vice-presidential candidate. people do not want to cut those programs. >> gregg: and during the 2008 presidential debate, the president promised and i looked it up and double-checked it today, he promised that he would have entitlement reform accomplished and put forth by the end of his first term. hasn't done it. why not? >> well, i think we need to talk about smart cuts first, and what that means is getting rid of waste and fraud and abuse. it means getting rid of these things. >> gregg: he's breaking his promise, isn't he? >> i don't know that that's right. i think when we talked. >> gregg: i watched the debate today, they had a clip. >> sure. >> gregg: of it on youtube, you can take a look at it. and there are 258 americans signed onto the grover norquist pledge never to quote for a tax hike, closing tax loopholes. speaker boehner says i'm willing to break it and do the latter on deducti
people like john boehner say that mr. president, he won the election, it's time for you to lead well. >> we have to face reality that the american people gave the president a do over. the house and the senate, the same position we were in two months ago. the american people may have given the government a do over, but they don't expect a status quo. they want decisions to be made in a bipartisan manner. republicans are willing to meet the president halfway. but he is the leader of the country and it's up to him to propose a plan. it is up to him to provide negotiations and coalesce the deal. a deal can be made and all parties have to come together. we have to give up some revenue. they have to give up some spending. at the end of the day, it is probably a very good deal. jon: are you hearing any whispers as to what kind of shape this deal could take? >> i think it's pretty clear that they're going to do something that will get us past the fiscal cliff. they will open themselves that they are kicking the can down the road. what they want to do is have longer-term negotiations about th
this really is taxmaggedon. >> you heard it there, maria. house speaker john boehner says that he wants obama care on the table in this fiscal cliff negotiation. the president has said he's willing to thereon any good ideas. i'm not sure if he's going to think this is a good idea. you think he might listen to this one? >> i think he'll listen, but i think at the end of the day, it's going to be what are in the details. i think what we need to remember, what came out of this election, the clear mandate of this election was two things. number one, for our leaders to come together in a bipartisan manner to put everything on the table, to find real solutions. number two, that the majority of americans agreed with president obama's vision of one of the ways to fix the fiscal cliff had to be to put new revees and to raise the tax rates of the wealthiest americans. president obama won eight out of the ten wealthiest counties in this country in this election, randi, which means even the wealthiest understand they have to put some skin in the game. so i think that going into this, i applaud senator ch
to actually bring a vote up to in the senate. i believe that john boehner is ready to work with them. address the higher immigration immigrants. we need engineers and doctors in this country. right now our policy is shipping here to be educated and then back home. >> heather: and they did make it clear after the election they were ready to get serious about overhauling the nation's immigration system, republicans, that is, and top priority for hispanics. so is taking up the stems jobs act in the lame duck session a first step in that direction. >> if you remember the great movie what about bob? the way to successfully rehabilitated go yourself was baby steps. what this congress and this president i believe need to do is taking baby steps together. i think the stem act is something that most people in congress and most people in the country agree on. i hope they can come together to get this done. >> heather: do you think they will come together and that part of immigration reform a small step will pass? >> i think they have to come together. whether you piecemeal it or do an overhaul. you can
they are likely to get a big deal. it seems that republicans leading on this, like john boehner, like lindsay graham frankly, they're signaling they want to have a big deal. think in the coming three months or so, we'll probably see something pretty big from them. >> doug? >> i agree. i think that they are going to do a bit of a kick the can. but in the interest of getting a deal that people can live with and selling it well, the president is getting outside of washington to go to the american people on this. he needs time to do that well. so i don't think kicking the can down the street is a bad thing, it might help them accomplish something. >> back in a moment, everyone, with everyone's must-reads. s ar. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. >>> we're back with the big three. it
the leaders of the senate, harry reid and mitch mcconnell. i want to congratulate speaker john boehner, who has done a phenomenal job of ensuring that we would continue business as usual. i want to congratulate minority leader posey forever that she has put in, getting us to the point we are today. i urge my colleagues to support this measure. with that, i yield back the balance of my time. >> the chair now recognizes members from the committee on ways and means, chairman mr. camp from michigan and ranking minority member mr. levin from michigan. the gentleman from michigan. >> i yield myself such time as i may consume. >> it is recognized. >> if the congress does not act and act now, america will default. that would wreak havoc on our economy and make it harder for americans to find and keep a job. edfault cannot be an option. i am pleased that the bill before us ensures that will not occur. just as it would threaten economic health, so would increase in taxes. raising taxes on families and job creators would hinder investment, increase the cost of doing business, and result in even less h
's stupid. >> john boehner said no rates are going up two weeks ago. >> so the other one is total gridlock, which looks possible at this point. >> then you get a fiscal cliff scenario. that's when those cuts actually kick in and there is no other way to say it. it will be pretty bad. you'll get tax increases and budget cuts. some fiscal conservatives would say that's the economy, which is only growing at 2%, would take such a jolt. i think the markets could do down below 10,000. >> your third scenario would be a grand bargain. what would that look like and would this be good for obama's legacy? >> it would be great for his legacy. he believes his legacy is about fairness. one of the things he has run on, follow him economically, i'm very concerned about it, is this notion of tax fairness. that the rich have gotten richness while the poor have gotten poorer. there are statistics that back that up. but he doesn't really take into account the economic impact of raising those upper rates. it's more than upper rates that he wants to raise, it's taxes on dividends, capital gains to pay for obam
% of americans. >> house republican speaker john boehner says the gop is looking for a deal that cuts spending and closes tax loopholes and some deductions rather than raising tax rates. back to you guys in new york. >> steve: all right. north lawn of the white house, thank you. >> gretchen: see how we all got the blue memo? we all look so nice together. she had on a blue scarf. >> brian: the question is, what is laura ingraham wearing. >> steve: i know one way to find out. >> gretchen: oh, yellow. hail to sweden. >> steve: how are you? >> hey, guys. nice to see you. >> steve: what did you make of this, the white house is saying unless the republicans roll over and do everything that the white house wants with this fiscal cliff at the conclusion of the year, you mean old republicans will ruin christmas economically for the country? >> yeah. it's the gop who stole christmas. who is going to be narrating this? who will play the dog with the fake antlers? it seems we've seen this special before. the sky is always falling when president obama wants to cram down legislation or initiatives without r
to say. [video clip] >> he spoke with john boehner. by the weekend and he will meet with them at the appropriate time as well as nancy pelosi and mitch mcconnell. so the process that he began is continuing. recanting you to be optimistic that a balanced approach is achievable. we know what the solutions are. it was senator who said that in an op-ed, one benefit of all of the debate said we have had any discussions over the past couple of years is that we know what the parameters of a balanced solution for these challenges look like. and they include both spending cuts and revenues and entitlement reform. they have to have -- all three legs of the school of got to report of that. >> jay carney at the white house. was asked about the idea of going off the fiscal cliff. alan krueger, the chairman of president obama's economic advisers, he spoke about what would happen if we go off this so-called fiscal cliff. in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not averted according to this white house report. ja
. plus protesters showed up naked, look at that. that's house speaker john boehner's office. they were demanding on a serious front demanding funding to fight aids. >> oh, my goodness. >> seven of them will be joining us, fully clothed i'm hoping, to talk about what sparked their protest, what they're hoping to gain, plus she sold 100 million records in a decade. a career that spanned five decades, dionne warwick is our guest. going to talk about her new album, my father is in love with dionne warwick so he'll be all excited about that. much more coming up this morning on "starting point." >> did you invite your father in? >> he can watch it on tv. of course. >> we'll be getting up -- >> oh, my gosh, soledad. thanks. >> you bet. >> black ice and snow causing some trouble after yesterday's storm in the northeast. now, new storm's rolling into the northwest this morning. alexandra steele with the extreme weather center where -- putting the extreme in extreme weather. >> it looked pretty yesterday for a minute. >> oh, i bet. six inches in portions of new jersey. so we've got two things ha
? and so if right now the question is how do you do that? well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not apply or would be put to the side for compromise? >> you know, mika, i haven't talked to grover norquist so i don't know what he wants to do with his pledge. what i know is the constituents that i represent and i believe most american people want to see, number one, more jobs created. and let me tell you a story that i think is relevant to this question. i was in montana during the campaign and i met a gentleman who had taken a job as a cook at an airport restaurant. and he told me, please fix this problem because i want to get back to my profess
meeting with paul ryan. before the president's comments, house speaker john boehner and other republicans met with reporters saying they're willing to consider new sources of revenue as a solution to avoiding the fiscal cliff but will not consider raising marginal tax rates. this is about 10 minutes. >> good morning, everyone. in going over the fiscal cliff -- going over the fiscal cliff will hurt our economy and hurt job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table, as long as it's accompanied by serious spending cuts to avert this crisis. we believe that this fits the president's request for a balanced approach to this issue. and we're going to continue to work with the president to try to resolve this in a way that is fair for the american people. we all know that we've had the spending crisis coming at us like a fraggete train. and it has to be dealt with. and in order to try to come to an agreement, republicans are
] >> ladies and gentleman, the speaker of united states house of representatives, the honorable john boehner. [applause] >> good morning, everyone. welcome, my colleagues, the leaders and the two chambers and my colleagues from the house and senate. certainly arnold and his family and friends. jack and barbara nicklaus, and fellow golfers here and around the world. arnie, i'm going to tell a couple of golf stories and we'll get around to giving you the gold medal. what makes this metal unique is that any american can win it. whether it be a general, an artist, and astronauts, or an athlete. you can start out selling paint and end up receiving congress's highest honor. not bad for an honest they's work. throughout his life, he's been a model of integrity, passion, and commitment. these are the attributes of a great golfer, and a great american. arne will tell you, it has never been about winning. he won the amateur championship back in 1964. that turning point, as he called it. there was something about the way he walked, attack the ball. asked about that, arnie said, everyone wants to win, b
, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and this past week with grateful hearts we gathered with family and loved ones throughout this great land to celebrate our blessings together. bless the newly elected members of the 113th copping who resume their orientation on capitol hill. give them call and confidence as they prepare for a new role as servants of our nation's citizens. bless the members of the people's house who have been entrusted with the privilege to serve our nation, all americans in their need. grant them to work together in respect and affection and to be faithful in the responsibilities they have been given. at the end of the 112th congress approaches and much is left to be done, bestow upon them all the gifts of wisdom and discernment that in their words and actions they will do justice, love with mercy, and walk humbly with you. ma
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